Under Armour boosts forecasts as customers buy more at full price

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JPMorgan Upgrades Under Armour, Inc. (UAA) to Overweight

August 4, 2021 5:43 AM EDT

JPMorgan analyst Matthew R. Boss upgraded Under Armour, Inc. (NYSE: UAA) from Neutral to Overweight with a price target of $30.00 (from $25.00).

The analyst comments "We are upgrading UAA to Overweight establishing a $30 Dec '22 price target given the combination of (i) Micro P/L Inflection: +12%... More